Brian Lenihan Jnr (Dublin West, Fianna Fail)

What has been put in place for senior debt is our envisaged response to the issue and there is no room for any doubt about that. Where I expressed a doubt related to wider European developments; what has been done on senior debt has been agreed with the Commission. That is our position. The issue I raised was if developments through the European area might dictate a change. I could not predict that.

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